The DCF model explained
What you'll learn:
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What it is — How discounted cash flow works and why it’s used to value businesses
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From revenue to cash — How numbers move from sales to profit to free cash flow
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Key adjustments — The role of taxes, CapEx, and working capital in finding real cash
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Valuation methods — The two main approaches: perpetuity growth and exit multiples
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Impact of assumptions — How small changes in growth or costs can shift value dramatically
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